Community Healthcare Trust (CHCT) Tops Q4 FFO by 2c/Share
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Community Healthcare Trust Announces Results for the Three Months Ended December 31, 2015
February 25, 2016 5:00 PM ESTFRANKLIN, Tenn., Feb. 25, 2016 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced results for the three months ended December 31, 2015. Normalized FFO for the three months ended December 31, 2015 totaled $0.37 per diluted common share. The Company reported net income for the fourth quarter of approximately $121,000.
Highlights include:
During the fourth quarter of 2015, the Company acquired eight properties and its new corporate office for a total purchase price of $29.9 million. The eight properties, located in five states, total approximately 214,000 square feet and were 97.7% leased upon acquisition. A... More